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2026-03-31-accounts

LINKTOWN COMMUNITY ACTION CENTRE (SC053787)

Annual Report and Financial Statements From 15[th] November 2024 – 31[st] March 2026

Registered Address Linktown Community Action Centre Philp Hall Links Street Kirkcaldy KY1 1SE

Registered Scottish Charity Number: SC053787

Trustees’ Annual Report

1. Reference and administrative details

Charity name: Linktown Community Action Centre Charity number: SC053787

Principal address: Philp Hall, Links Street, Kirkcaldy, KY1 1SE

The charity is a Scottish Charitable Incorporated Organisation (SCIO). The charity was registered on 15 November 2024 and replaces the former unincorporated charity Linktown Community Action Centre (SC020295). All assets and liabilities transferred on that date.

2. Structure, governance and management

The charity is governed by a SCIO Constitution approved at incorporation. Trustees are appointed in accordance with the constitution. No trustee received any remuneration for acting as a trustee.

3. Charitable purposes and activities

The charity exists to provide a community facility at Philp Hall and support local groups, families, children and older people.

Key activities include:

4. Achievements and performance

This was the first full year of operation as a SCIO.

Achievements included:

5. Financial review

Opening bank balance at 15 November 2024 was £30,804.23.

Total receipts during the year were £146,969.14 Total payments during the year were £84,013.58.

This resulted in a surplus of £62,955.56.

The year‑end bank balance at 31[st] March was £ 93,759.79.

Restricted funds of £5,995.75 relate to the Wee Schemies project.

6. Reserves policy

The charity aims to retain reserves sufficient to meet six months of running costs. Current reserves meet this policy and also reflect planned building improvements.

7. Risk management

Key risks include:

Trustees review these regularly.

8. Future plans

The charity intends to:

Approved by the Trustees

Receipts and Payments Account

For the year ended 14 November 2025

Receipts

Category £
Fife Council Grants (incl. PAYAB & core) 44,383.50
Hall Hire & Room Let Income 8,457.00
Other Grants & Donations (Police, Showmen’s Guild, NHS, Corra etc.) 8,050.00
Invertiel Area / Project Receipts 2,382.89
Other receipts & deposits 57,620.75
Total Receipts 146,969.14

Payments

Category £
Building & Hall Improvements (kitchen, electrics, plumbing, flooring etc.) 21,809.49
Wee Schemies / You Decide Youth Project 9,084.93
Staff wages & reimbursements 15,998.29
Utilities (gas/electric/telephone/internet) 2,855.86
HMRC PAYE/NI 1,258.48
Insurance 2,210.81
General hall costs & supplies 3,823.33
Other cheque & bank payments 26,415.99
Total Payments 67,492.33

Surplus for year

£62,955.56

Statement of Balances

£ Opening balance at 15 Nov 2024 30,804.23 Surplus for year 62,955.56

Closing bank balance at 31[st] March 2026 93,759.79

This agrees to the bank statement.

Analysis of Funds Fund Type £ Unrestricted Funds 93,759.79

Restricted – Wee Schemies Youth Fund 5,995.75

Total Funds 99,755.54

Notes to the Accounts

  1. The accounts are prepared on a receipts and payments basis

  2. The Wee Schemies fund is restricted for youth activities.

  3. No trustee received remuneration or expenses.

  4. The charity has no loans or leasing commitments.

  5. The charity has no fixed assets recorded in these accounts.

  6. Volunteers continue to play a vital role in service delivery.